The housing market in Union, IL has been steadily rising over the past year thanks to a jump in median house value from $332,300 to $338,100. This 9.73% appreciation rate is higher than the national average of 8.27%, showing that Union is seeing strong growth and shows promise for future investments in property. The median house value indicates that Union is a desirable area to live due to its proximity to Chicago and other cities in the region, as well as its high quality of life benefits. With more and more people looking at buying or renting property in Union, it is no surprise that this city's housing market is booming right now.
The median home cost in Union is $332,300. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Union is up 12.6%.
Average Age of Homes
- The median age of Union real estate is 64 years old
The Rental Market in Union
- Renters make up 9.4% of the Union population
- 0.0% of houses and apartments in Union, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.